Vulnerable Activities – How to know if you are subject to the Anti-Money Laundering Law? On the last article we talked about the creation and implementation of the Anti-Money Laundering Law in Mexico. Now we will focus in understanding...

Anti-Money Laundering Law - Precedents, creation and immediate effect The anti-money laundering topic is one that is very important on an international level. The governments of the world consider that the actions against this problem should be a top...

Digital plataforms (Airbnb, etc.) - Collection of the Lodging Tax in the State of Jalisco A law reform was presented since September 26th that stated that these platforms should be obligated to pay the lodging tax. It was until last...

Technological Innovation of Electronic Invoices (CFDI)

Publicado en Martes, 18 Julio 2017

Technological Innovation of Electronic Invoices (CFDI)

The electronic invoices (CFDIs) were born in Mexico in 2010, such has been its success for tax purposes that the fiscal authorities have been optimizing said tool since it is one of its main tools at the moment of make its main functions that is the tax collection.

Electronic Accounting as a method for fiscal control

Publicado en Martes, 06 Junio 2017

Electronic Accounting as a method for fiscal control

Worldwide, the fiscal authority is always looking for new strategies that allow it a more agile and efficient fiscal control, and Mexico is not an exception. During the last year, as tax payers, we have been involved in a fiscal environment of constant changes. One of the most innovative tools developed by the Servicio de Administración Tributaria (SAT), is the Electronic Accounting.

Are you a foreigner with lucrative activities in Mexico or are you a member of a Mexican Entity (ME)?

Publicado en Martes, 08 Noviembre 2016

Are you a foreigner with lucrative activities in Mexico or are you a member of a Mexican Entity (ME)?

If you answered YES to any of the questions above, I invite you to read the following article which explains the obligations that being in any of the two situations aforementioned entail before the National Registry of Foreign Investment (RNIE for its Spanish acronym).

Capital Gains Tax on the sale of homes in Mexico

Publicado en Martes, 08 Noviembre 2016

If you are selling your home in Mexico it is of the utmost importance to know, before you sign an agreement or offer to sell, how much you are going to pay in Capital Gains Tax (ISR) because this amount is going to be deducted from the price of sale. Before signing a private sales contact or offer, make sure you have a WRITTEN calculation of the Capital Gains Tax from your tax consultant or your notary. Make sure you review the calculation and confirmed with your consultant that there are no other ways to reduce the amount of Capital Gains Tax.

Tax requirements for payments made to abroad (US) suppliers.

Publicado en Martes, 01 Noviembre 2016

There are two main groups of requirements related to payments to US suppliers. “Formal requirements” are the ones related with the invoice and payment. The second group is called “Substance requirements” and includes the requirements needed to prove that the service exists and that there is not a special treatment between the related parties.